Yale Stock Trading Game

The Yale Stock Trading Game is designed to give players the experience of a year's worth of trading in under 30 minutes!

Each player is a portfolio manager tasked with optimizing their portfolio through the use of public information, private information, and stock trades. The objective of the game is to beat the market by maximizing portfolio wealth.

As trading takes place only with other players in the game, for the most dynamic experience, we recommend a minimum of twenty players (seats).

Players can trade using market orders, limit orders, bids, and asks. They can hold both positive and negative positions (short selling) and can choose to purchase additional information, called “peeks,” to improve their understanding of the value of a security.

The game ends after 25 minutes, at which point the system computes the player’s portfolio value and compares it with the market portfolio, as well as the performance of every other player in the game.  The true value of stock prices are revealed for the four stocks available for trading.

Teaching Objectives

The Yale Stock Trading Game differs from other simulations in that it leverages strategic interactions among students, rather than computer simulations or real markets, to introduce the concepts of investing, trading, and market theory. After several games, instructors are encouraged to debrief with students about how information affects stock prices, whether the game was efficient or inefficient and why, and how different groups of students fared overall.

Each purchase includes:

• One (1) 5-minute practice game;
• Up to two (2) full games (25 mins);
• Complete support documentation;
• A suite of final game reports, including player rankings and data visualizations for each game. 

Typically, instructors reserve a 1-hour period for game play, and follow up with a discussion of the results during a subsequent class (though this is optional). A typical class schedule looks like this:

• 1:00-1:05 Practice Game (5 min)
• 1:05-1:07 Break (2 min)
• 1:07-1:32 Game 1 (25 min)
• 1:32-1:35 Break (3 min)
• 1:35-2:00 Game 2 (25 min)

Additional Information

Visit the Yale Stock Trading Game website for additional details, including a comprehensive description of game play and technical tips and requirements.

Pricing

We sell our game by the seat, but with the market exclusively generated by player transactions, we strongly recommend having a minimum of 20 players for the most dynamic experience.

All customers who purchase more than 20 seats will receive discounted pricing based on the volume of seats purchased (see below for details)

* Anyone submitting an Academic order will need to provide proof of their status as a professor or instructor at an educational institution.
 

Discounts

After the first 20, seat prices are discounted in blocks of ten, as follows:

For orders of 100 or more seats, please contact us at stock[dot]trading[dot]game at yale[dot]edu.

In addition, though we do have costs to cover, we are committed to bringing the game to as many people as possible and are generally willing to negotiate price based on need.

Contact Us

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